Reviews:
 ·Verizon FiOS
| just looking for a handout when they were phone companies, they accepted regulation, monopoly status, use of public rights of way and probably tax breaks to build out the system.
In return for building out the telephone infrastructure, they were guaranteed a tasty rate of return that made their operators and investors happy. They did not have to risk their own or investors money in the hope of making a profit, they were guaranteed a profit and were allowed to raise rates in some cases (all cases?) to pay for improvements.
now they are deregulated, still monopolies in most cases and still using public rights of way, but they still want customers to take the risk and pay the freight for improvements.
old habits are hard to break and corrupt politicians are a boon to the aggressive business - what else is new? |
